SeaCrest Wealth Management LLC purchased a new stake in shares of Nuveen Preferred & Income Securities Fnd (NYSE:JPS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 32,696 shares of the real estate investment trust’s stock, valued at approximately $333,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its position in shares of Nuveen Preferred & Income Securities Fnd by 3.3% during the third quarter. Wells Fargo & Company MN now owns 1,885,626 shares of the real estate investment trust’s stock valued at $19,630,000 after purchasing an additional 59,493 shares in the last quarter. Commonwealth Equity Services Inc boosted its position in shares of Nuveen Preferred & Income Securities Fnd by 1.6% during the third quarter. Commonwealth Equity Services Inc now owns 836,540 shares of the real estate investment trust’s stock valued at $8,708,000 after purchasing an additional 13,124 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Nuveen Preferred & Income Securities Fnd by 67.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 573,867 shares of the real estate investment trust’s stock valued at $5,974,000 after purchasing an additional 231,138 shares in the last quarter. Vident Investment Advisory LLC boosted its position in shares of Nuveen Preferred & Income Securities Fnd by 9.6% during the third quarter. Vident Investment Advisory LLC now owns 408,307 shares of the real estate investment trust’s stock valued at $4,250,000 after purchasing an additional 35,838 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Nuveen Preferred & Income Securities Fnd by 2.6% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 403,829 shares of the real estate investment trust’s stock valued at $4,204,000 after purchasing an additional 10,355 shares in the last quarter.

Shares of Nuveen Preferred & Income Securities Fnd (NYSE JPS) opened at $9.43 on Friday. Nuveen Preferred & Income Securities Fnd has a 1 year low of $9.23 and a 1 year high of $10.47.

The company also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be given a dividend of $0.062 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.74 annualized dividend and a dividend yield of 7.89%.

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Nuveen Preferred & Income Securities Fnd Company Profile

Nuveen Preferred & Income Securities Fund, formerly Nuveen Preferred Securities Income Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income consistent with capital preservation. The Fund’s secondary objective is to enhance portfolio value.

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Institutional Ownership by Quarter for Nuveen Preferred & Income Securities Fnd (NYSE:JPS)

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